Founded in 2024, Alat is a key player in Saudi Arabia’s Vision 2030 plan to diversify the economy. The company is building a high-tech manufacturing ecosystem, already securing major partnerships with Lenovo and TK Elevator.
After a bizarre AI-generated Christmas ad went viral for all the wrong reasons, McDonald’s issued a strange response blaming its Netherlands branch and trying to memory-hole the spot. The incident highlights the growing tension between cheap AI content and public backlash, with ad agencies like TBWA
Apple CEO Tim Cook was in Washington, D.C. to lobby against the proposed App Store Accountability Act. The company argues it’s a privacy threat, but the logic completely backfires.
Forbes has released its 2025 Midas List Europe, ranking the top 25 venture capital investors in Europe and the Middle East. The list highlights a significant shift away from London’s dominance, with more investors emerging from countries like Romania, Germany, and Ireland.
Harness, the software delivery startup founded by AppDynamics creator Jyoti Bansal, has raised $200 million in a round led by Goldman Sachs. The funding values the company at $5.5 billion as it aims to help enterprises manage and secure code produced by AI models.
According to a panel at the Fortune Brainstorm AI conference, AI agents are poised to take over tedious tasks, freeing managers to focus on coaching and emotional leadership. However, experts warn that over-reliance on AI for collaborative and relational work leads to “collaborative atrophy” and bad
Enhanced geothermal startup Fervo Energy just secured a massive $462 million funding round. The investment, led by B Capital with participation from Google, will accelerate its first large-scale power plant in Utah to meet skyrocketing data center energy demand.
Meesho’s public market debut was a smash hit, with shares soaring 46% from the issue price. The Indian e-commerce platform, built for small merchants and value-focused shoppers, is now valued at nearly $8.7 billion.
Sergey Brin’s net worth jumped to $240 billion, edging out Jeff Bezos for the #4 spot. The shift comes as excitement around Google’s Gemini AI boosts Alphabet’s share price.
Former President Trump announced a deal allowing Nvidia to sell its H200 AI chips to China, with the U.S. taking 25% of sales. The proposal is facing immediate skepticism from Republican senators worried it will accelerate China’s military and AI capabilities.
